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Author Question: A few decades ago, there were hardly any Subway restaurants in India. Now, they are present in ... (Read 50 times)

Lisaclaire

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on: Jun 29, 2018
A few decades ago, there were hardly any Subway restaurants in India. Now, they are present in almost every big city. This is an outcome of:
 
  A) fair trade union practices.
  B) traditionalism.
  C) the protectionist policies adopted by the Indian government.
  D) globalization.

Question 2

Objects in and of themselves have no costs. Lunches are an object, so they presumably have no cost. Yet we often hear economists say, There is no such thing as a free lunch. Are economists being inconsistent?
 
  A) It is impossible to tell.
  B) Yes, if the statement implies lunch actually has a cost.
  C) No, if the statement implies the decision to offer lunches free of charge entails the sacrifice of scarce resources, which could have served other useful purposes.
  D) Both B and C are true.


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trog

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Lisaclaire

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Reply 2 on: Jun 29, 2018
:D TYSM

FergA

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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